Read full story
Comments Off
Archive for December 11th, 2007Oil rises as ice slows U.S. crude flowsPosted by UK Economy News
In Uncategorized
11Dec 07 Oil prices leapt to $90 on Tuesday as a deadly Midwest ice storm briefly paralyzed several big pipelines feeding a key U.S. crude storage hub and fog delayed shipping along the Texas coast, traders said.
Read full story Conrad Black to keep fighting to avoid prisonPosted by UK Economy News
In Uncategorized
11Dec 07 Fallen press baron Conrad Black has said he can survive the hard transition from a life of glamour and luxury to one of anonymity and menial prison labour, but he intends to go down fighting to overturn his guilty verdict.
Read full story Comments Off Oil rises as ice and fog slow U.S. crude flowsPosted by UK Economy News
In Uncategorized
11Dec 07 Oil leapt to $90 on Tuesday as a deadly Midwest ice storm paralyzed three big pipelines feeding a key U.S. crude storage hub and fog delayed shipping along the Texas coast, traders said.
Read full story Comments Off Fed acts as corporate America braces for slowdownPosted by UK Economy News
In Uncategorized
11Dec 07 The US economy is often compared to a supertanker and although Tuesday's interest rate cut by the Federal Reserve may ease its passage, corporate America is bracing for stormy seas ahead.
Read full story Comments Off Fed trims base rate by quarter point, cites ’slowing’ economyPosted by UK Economy News
In Uncategorized
11Dec 07 The Federal Reserve cut its base federal funds rate by a quarter percentage point Tuesday to 4.25 percent in an effort to shore up economic activity in the face of weak housing and credit turmoil.
Read full story Comments Off Fed cuts key interest rate by quarter pointPosted by UK Economy News
In Uncategorized
11Dec 07 The Federal Reserve cut benchmark U.S. interest rates by a modest quarter-percentage point on Tuesday to help the U.S. economy withstand tightened credit and a prolonged housing slump, disappointing Wall Street, which had hoped for more-aggressive action.
Read full story Comments Off Fiat factories grind to halt because of strike: companyPosted by UK Economy News
In Uncategorized
11Dec 07 The five Italian factories of the Fiat car group have stopped production because of a nationwide strike by truck drivers, a spokesman for the company said on Tuesday.
Read full story Comments Off Euro slips against dollar before US rate decisionPosted by UK Economy News
In Uncategorized
11Dec 07 The euro was slightly lower against the dollar on Tuesday as traders awaited an expected quarter-point interest rate cut by the US Federal Reserve.
Read full story Comments Off Spanish consumers group slam Ryanair pin-up calendarPosted by UK Economy News
In Uncategorized
11Dec 07 A charity calendar sold by Ireland's low-cost airline Ryanair showing its air hostesses in skimpy bikinis demeans women and breaks the law, a Spanish consumer group said on Tuesday.
Read full story Comments Off Boeing says new Dreamliner program on schedulePosted by UK Economy News
In Uncategorized
11Dec 07 Boeing confirmed Tuesday its new 787 Dreamliner aircraft is on track for its first flight and deliveries in 2008, saying problems that forced a prior delay had been largely resolved.
Read full story Comments Off |
|
Subscribe to RSS
